Hotels for Sale

TownePlace Suites Houston Northwest

Address:
Houston, Texas
Description:
  • Fee-simple interest in the privately owned and managed 126-room TownePlace Suites Houston Northwest
  • Financing available with multiple lenders offering loan terms
  • Ability to retain the TownePlace Suites flag for a new ten-year license with completion of change of ownership PIP
  • Approximately $750,000 ($6,000/key) of capital improvements since 2017 including the lobby, dining area, common areas, sofas, expanded fitness facility, pool deck and replacing tubs with showers.
  •  Located adjacent to the intersection of State Highway 249 and Louletta Road with upwards of 50,000 cars passing the location daily
  • Walking distance to the 20-acre University of Houston Downtown-NW campus, home to 13,000 students
  • Approximately 25-miles from downtown Houston and proximate to all regional demand including the George Bush Intercontinental Airport, Vintage Hospital, Houston Methodist Willowbrook Hospital, Prairie View A&M University NW, Minute Maid Park and the George Brown Convention Center

Listing Agents

Kami Burnette
T | 512.831.5605
Email

Scott Griemsmann
T: 415.419.5765
Email
BRE #01336236

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